Hotels / Motels / Cruise Lines
Gooderson Leisure Corporation Ltd updated its fiscal 2013 guidance and expects earnings per share (EPS) to be around ZAR0.15 to ZAR0.17 compared to the previous corresponding period of ZAR0.0334. The increase is due to profits earned on the sale of the business and assets of the Beach Hotel in July 2012. The headline earnings per share (HEPS) are expected to increase by between ZAR0.032 and ZAR0.04 compared to the previous corresponding period of ZAR0.0327. The Company had previous announced that for fiscal 2013, it expects earnings per share increase by more than 25% when compared to those reported for the previous corresponding period.
Wyndham Worldwide Corp announced the closing of a new $1.5 billion revolving credit facility to replace its existing $1 billion facility, which had been scheduled to mature in July 2016. The maturity date of the new facility is July 2018. Simultaneously, the Company upsized its existing commercial paper program by $250 million to $750 million. There is no change to the Company's overall corporate debt balance as a result of this transaction. J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as Joint Bookrunners for the new revolving credit facility. Bank of America, N.A. will be acting as administrative agent for the new revolving credit facility.
New Century Group Hong Kong Ltd announced that for fiscal 2013, it expected to record a increase in profit as compared to that of last year. Such improvement was mainly attributable to (1) fair value gains on securities trading; (2) decrease in fair value losses on cruise ships. As the Company is in the process of finalizing the financial results of the Group for the year ended March 31, 2013.
Carnival Corp announced that for fiscal 2013, it expects net revenue yields to be down 2% to 3% compared to the previous flat yield guidance for the year. The Company now expects fiscal 2013 EPS to be in the range of $1.45 to $1.65 compared to its previous earnings guidance range of $1.80 to $2.10. The Company continues to expect second quarter 2013 EPS to be in the range of $0.04 to $0.08 per share despite slightly lower yield expectations. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.98 for fiscal 2013; EPS of $0.07 for the second quarter of 2013.
Inversiones Nacionales de Turismo SA Intursa announced that the Chairman of the Board of Directors of the Company, Mario Augusto Brescia Cafferata, passed away on May 16, 2013.
HI Real SpA Announces Subscription of Reserved Share Capital Increase by Sintesi Societa di Investimenti e Partecipazioni SpA
HI Real SpA announced that on May 16, 2013 Sintesi Societa di Investimenti e Partecipazioni SpA (Sintesi) has subscribed the second tranche of the share capital increase reserved to Sintesi, decided by the Board on April 16, 2013, for maximum EUR 1 million, divided into a total of 20,000,000 HI Real newly issued shares at a price of EUR 0.050 each. Sintesi has subscribed 10,000,000 ordinary HI Real shares, at a price of EUR 0.050 each, for a total of EUR 500,000.00 of which EUR 125,000.00 already subscribed at the present date. The remaining part of the capital increase will be subscribed within 60 days from the present date. The first tranche of the share capital increase reserved to Sintesi, equal to EUR 500,000.00 was already subscribed on April 16, 2013.